12/20/2016

12/20/2016

For an exporter of agricultural products, an object of taxation has been reduced by profits tax in the amount of 4 million UAH.

As a result of the tax audit, to our client, an exporter of agricultural products, an object of taxation was increased by profits tax in the amount of 4 million UAH, based on unreality (non-commodity) of commercial transactions with a counterparty, against which a pre-trial investigation has been conducting.

Our company defended a legal proposition in the administrative court of appeal; the courts’ panel of appeal instance agreed with the conclusions of the first-instance court and denied the appeal of the tax office.

As a result, our client has not incurred additional expenses on payment of profits tax.